21, HEATH RISE, FAKENHAM, NR21 8HT - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

21 HEATH RISE is a midsized detached house of 100m², built sometime between 1967 and 1975. It was last sold for £265,000 in February 2017, which was around 17% below the average February 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

21 HEATH RISE Sold Prices

Land registry data shows three sales for 21 HEATH RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 21 HEATH RISE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 16 FEB	£265,000	£318,001	17% below HPI
2015 10 NOV	£187,500	£301,002	38% below HPI
2001 25 MAY	£95,000	£117,625	19% below HPI

21 HEATH RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 21 HEATH RISE sales between May 2001 and February 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 21 HEATH RISE?

21 HEATH RISE is 100m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses by size in Fakenham, and where 21 HEATH RISE lies on this distribution: 54% of detached houses are smaller than 21 HEATH RISE, and 46% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

21 HEATH RISE: Plot and Title Map

21 HEATH RISE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 21 HEATH RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 21 HEATH RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 21 HEATH RISE?

21 HEATH RISE is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 21 on HEATH RISE.